Activist investor Carl Icahn added to his stake in Conduent Inc. after the chief executive announced his retirement last week, according to a filing with the Securities and Exchange Commission. The business-services company, which was spun off into its own entity after Icahn engaged in a battle with previous owner Xerox Corp. , saw shares spin nearly 40% lower in a single session last week, after its CEO resigned while offering a poor quarterly earnings report. According to a filing with the SEC, Icahn immediately began adding to his position the day after that decline, May 10, and purchased nearly 4 million shares at an average price of $8.35 for a total stake of nearly 29 million shares, or 13.7% of the company. Icahn affiliate Michael Nevin left Conduent's board in April and issued a public letter condemning other directors as well as CEO Ashok Vemuri, who is resigning. Conduent shares gained 2.8% to $8.52 Monday.

Pomerantz LLP is investigating claims on behalf of investors of Conduent, Inc. (“Conduent” or the “Company”) (NYSE: CNDT). Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext.

The spotlight is on Uber today as the company makes its stock market debut. Many investors look at Uber with interest due to its disruptive potential and the fact that the transportation sector is so big. While Uber is commanding the spotlight, traders are also talking about several other stocks including Conduent Incorporated (NYSE:CNDT), Chevron Corporation (NYSE:CVX), Anadarko […]

FLORHAM PARK, N.J., May 8, 2019 /PRNewswire/ -- Conduent Incorporated (CNDT), a digital interactions company, today announced that Ashok Vemuri intends to step down as Chief Executive Officer and as a member of the Board of Directors. To ensure an orderly transition, Mr. Vemuri will continue in his current role as Chief Executive Officer and as a member of the Board of Directors until his successor is appointed, which the Board expects to occur during the third quarter of 2019.

LOS ANGELES, CA / ACCESSWIRE / May 7, 2019 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Conduent, Inc. ("Conduent" or "the Company") (NASDAQ: CNDT) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Contrary to the Company's earlier claims, it disclosed in November 2018 that "outdated and historically under-invested legacy IT infrastructure has caused major disruptions to our operations and impacted clients and delivery performance." Based on these facts, the Company's public statements were false and materially misleading throughout the class period.

NEW YORK, NY / ACCESSWIRE / May 7, 2019 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. If you suffered a loss you have ...

The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Conduent, Inc. (“Conduent” or “the Company”) (NASDAQ: CNDT) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Contrary to the Company’s earlier claims, it disclosed in November 2018 that “outdated and historically under-invested legacy IT infrastructure has caused major disruptions to our operations and impacted clients and delivery performance.” Based on these facts, the Company’s public statements were false and materially misleading throughout the class period.

Conduent Inc NYSE:CNDTView full report here! Summary * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is extremely low for CNDT with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting CNDT. Money flowETF/Index ownership | NegativeETF activity is negative and may be weakening. The net inflows of $3.55 billion over the last one-month into ETFs that hold CNDT are among the lowest of the last year and appear to be slowing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Industrials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

ClaimsFiler, a FREE shareholder information service, reminds investors that they have only until May 7, 2019 to file lead plaintiff applications in a securities class action lawsuit against Conduent, Inc. (CNDT). Investor losses must relate to purchases of the Company’s shares between February 21, 2018 and November 6, 2018. This action is pending in the United States District Court for the District of New Jersey.

NEW YORK, NY / ACCESSWIRE / May 6, 2019 / The Law Offices of Vincent Wong announce that class actions have commenced on behalf of shareholders of the following companies. If you suffered a loss you have ...

Law Offices of Howard G. Smith reminds investors of the upcoming May 7, 2019 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased Conduent Incorporated (“Conduent” or the “Company”) (NYSE: CNDT) securities between February 21, 2018 and November 6, 2018, inclusive (the “Class Period”). Investors suffering losses on their Conduent investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 888-638-4847 or by email to howardsmith@howardsmithlaw.com.

NEW YORK, NY / ACCESSWIRE / May 6, 2019 / The Law Offices of Vincent Wong announce that class actions have commenced on behalf of shareholders of the following companies. If you suffered a loss you have ...

The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Conduent, Inc. (“Conduent” or “the Company”) (NASDAQ: CNDT) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Contrary to the Company’s earlier claims, it disclosed in November 2018 that “outdated and historically under-invested legacy IT infrastructure has caused major disruptions to our operations and impacted clients and delivery performance.” Based on these facts, the Company’s public statements were false and materially misleading throughout the class period.

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